Tag: ic system
IC System Announces Nate Welbig as Vice President of Operations
IC System is proud to announce the promotion of Nate Welbig to Vice President of Operations and member of the Executive Team. Nate has been with IC System since 2009, most recently serving as Director of Operations at the St. Paul Home office. IC System President & CEO John Erickson, Jr. remarked, “Nate has extensive
Consumer Collections: When Consumers Stop Paying, Listen
As a small business owner, you feel it when your fortunes shift—even just a little bit. When a consumer doesn’t pay for your products or services, covering your expenses becomes much tougher. Fortunately, you can shore up your financial strength by being proactive about the balances on your books and using consumer collections to recover
5 Tips: How to Choose a Collection Agency
When consumers stop paying for the services or products you provided, at some point, you’ll need assistance from a debt collection partner. But there is so much more than just a simple transaction when you choose a collection agency. If your third-party debt collector is a bad fit for you — that is, it’s not
IC System Earns President’s Volunteer Service Award
IC System has earned the President’s Volunteer Service Award. The award recognizes United States citizens and groups who have achieved the required number of hours of service over a 12-month period. The President’s Volunteer Service Award (PVSA) is the premier volunteer awards program in the country, encouraging citizens to live a life of service through
IC System President Recognized by Vistage Minnesota
The 2017 Vistage Minnesota IMPACT Award committee recognized IC System’s President and CEO, John Erickson Jr., at the Vistage MN Executive Summit on September 26, 2017. Among many nominees, Erickson was identified for the trust he nurtures in his business, as well as his leadership of IC System’s community outreach. The Vistage MN Impact Award
Utilities: Decrease accounts receivables and costly debt write-off
It’s a common scenario for a public utility company: Every few years, the governing body must hold its nose and vote to write off millions in uncollected debt. Of course, in many states, statutes of limitations force this unwanted step because after a debt reaches a certain age, it’s no longer legal to collect it. Despite best
IC System Celebrates 10 Years in Onalaska, WI
IC System’s branch office in Onalaska, Wisconsin, recently celebrated its ten-year anniversary. The Chamber of Commerce in La Crosse supported the ribbon-cutting event. Tanner Kabat, the Branch Manager of the Onalaska office, cut the red ribbon on August 29, 2017. Several members of IC System’s executive team—including Executive Vice President and CFO Kurt Heinbigner, Director
Plan for Collections as a Last Resort
Most customers and clients do the right thing and offer payment for the goods and services they’ve received. Unfortunately, there are always some who put you off or fail to pay altogether. If your accounts receivables are getting too high, perhaps it’s time for a hard look at your financial system, and even plan for collections work on your
Investigate insurance company takeback claims
Accuracy and due diligence in accounts receivable management is key to any management of a practice or clinic. Still, unexpected setbacks will mar even the most flawless system, disrupting projections and cash flow. One of these is a tactic used to boost profits known as insurance company takebacks or recoupments. What happens is after the
Dos and Don’ts of Easy Financial Conversations
Revenue. In the end, it always comes down to revenue—even in matters as important as one’s oral health. Experienced dentists know this, and that leads dentists handling financial conversations with their patients delicately. Chances are good that you’ve had a few tough conversations already, and you may have more in the future. To help ensure
